BMW wants to make EV batteries way better within 5 years

BMW is betting on a better battery.

On Tuesday, the company announced it’s teaming up with Bay Area-based Sila Nanotechnologies (known as Sila Nano), and promised electric vehicle (EV) battery improvements within five years.

Sila Nano wants to improve rechargeable lithium-ion batteries by using silicon instead of graphite. The company and BMW want to incorporate the technology into EVs by 2023. 

Gene Berdichevsky, CEO of Sila Nano, said in a call Tuesday that his tech is “highly scalable” and can be dropped into existing manufacturing facilities — such as a BMW battery factory. Last year the German car company sold 100,000 electric vehicles. Read more…

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